Wave, an African fintech that offers mobile money services in Senegal and Ivory Coast, laid off about 15% of its workforce last month. TechCrunch first got a whiff of the layoff news on LinkedIn, where Jessica Chervin, a former Andela executive who joined Wave as an expansion lead in March, wrote that she was leaving […]
Francophone Africa’s first unicorn, Wave, laid off 15% of its staff last month. The wave of layoffs continues to sweep through Africa with mobility startup Swvl and healthtech startup Vezeeta laying off 400 and 50 employees respectively.
Read Friday's edition of #TCDaily: Africa’s first metaverse crypto game- Google Africa's first investment in Uganda- Nigeria’s Startup Bill inches closer to enactment- TC Insights: Funding Tracker
Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening internet penetration. Wowzi, which connects social […]
Kenyan start-up Wowzi, has received Sh225.8 million funding as the company moves to expand its products beyond influencer marketing and open in three more countries.